RESEARCH from Royal London's Riley has revealed that the majority of people are put off investing in the stockmarket, because of a lack of knowledge or a fear of market falls.
Roger Edwards, head of marketing development at Riley, said: "Recent stockmarket volatility, coupled with longer memories of the crash 20 years ago, have put people off investing in the stockmarket, yet research shows that medium to longer term investments in stocks and shares offers most potential for capital growth." The research, conducted by YouGov for Riley, also showed that three in five (61pc) consumers saved most of their money in bank or building society accounts, 7pc invested in property and just 3pc invested the majority of their money in the stock market. Strikingly, only a ...
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